New Gold's (NGD) Rainy River Drives Record Cash Flow in Q2 2025

New Gold Inc. (NYSEAMERICAN:NGD) is one of the 13 Most Promising Gold Stocks According to Wall Street Analysts. On July 28, New Gold Inc. (NYSEAMERICAN:NGD) reported Q2 2025 results. The company reported that quarter-over-quarter production growth helped it achieve strong cash flow from operations of $163 million and a record free cash flow of $63 million.

A key factor driving this strong performance was the Rainy River project, which generated a record $45 million of quarterly free cash flow. The Rainy River project achieved a monthly production record in June and the project is on track for continued ramp-up throughout the year.

This second-quarter performance builds on the positive momentum from the first quarter. New Gold Inc.’s (NYSEAMERICAN:NGD) strong cash flow from operations allowed it to invest about $58 million in Q2 to advance growth projects.

New Gold Inc. (NYSEAMERICAN:NGD) is an intermediate mining company with a portfolio of two core producing assets in Canada, the New Afton copper-gold mine and the Rainy River gold mine.

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Disclosure: None. This article is originally published at Insider Monkey.